Currencies33997
Market Cap$ 3.88T+1.34%
24h Spot Volume$ 53.97B+2.75%
DominanceBTC60.87%-0.14%ETH9.23%-0.41%
ETH Gas0.63 Gwei
Cryptorank

XRP, Ripple, & XRPL: Untangling the Crypto Trinity

What is the difference between XRP and XRP Ledger?

XRP, the sixth-largest digital currency by market value, is sometimes mistaken for Ripple and the XRP Ledger (XRPL). However, there are significant differences between them.

XRP is distinct from the XRP Ledger, and Ripple plays a crucial role in the ecosystem. Crypto investors should also explore the technical aspects of XRPL, the native digital asset of the network, XRP, and the American fintech company that launched the two – Ripple.

Ripple: The Company

Officially known as Ripple Labs Inc., the American fintech company responsible for developing the XRP Ledger and the XRP token, encountered legal troubles with the United States Securities and Exchange Commission (SEC) over the XRP initial coin offering (ICO) in 2020. In its complaint, the regulator asserted that XRP was a security; Judge Analisa Torres ruled in 2023 that, when sold to retail investors, the altcoin was not a security.

In a 2023 interview, Ripple’s chief executive, Brad Garlinghouse, said that his business had spent more than $100 million combating the SEC, adding:

“Well on one hand it’s frustrating. You have a government that has unlimited resources to keep fighting a fight they’ve…

The post XRP, Ripple, & XRPL: Untangling the Crypto Trinity appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ripple’s $21 Trillion Dream: What Capturing 20% Of SWIFT Volume Means For XRP

Ripple’s $21 Trillion Dream: What Capturing 20% Of SWIFT Volume Means For XRP

Ripple Labs, a crypto payments company, continues to set its ambitions and those of X...
Ripple’s XRP Price Heating Up for $10 As XRP Whale Holdings Surpass 42 Billion Coins

Ripple’s XRP Price Heating Up for $10 As XRP Whale Holdings Surpass 42 Billion Coins

Having been gridlocked in the $2.20 to $2.30 zone for a couple of months, XRP has bee...

XRP, Ripple, & XRPL: Untangling the Crypto Trinity

What is the difference between XRP and XRP Ledger?

XRP, the sixth-largest digital currency by market value, is sometimes mistaken for Ripple and the XRP Ledger (XRPL). However, there are significant differences between them.

XRP is distinct from the XRP Ledger, and Ripple plays a crucial role in the ecosystem. Crypto investors should also explore the technical aspects of XRPL, the native digital asset of the network, XRP, and the American fintech company that launched the two – Ripple.

Ripple: The Company

Officially known as Ripple Labs Inc., the American fintech company responsible for developing the XRP Ledger and the XRP token, encountered legal troubles with the United States Securities and Exchange Commission (SEC) over the XRP initial coin offering (ICO) in 2020. In its complaint, the regulator asserted that XRP was a security; Judge Analisa Torres ruled in 2023 that, when sold to retail investors, the altcoin was not a security.

In a 2023 interview, Ripple’s chief executive, Brad Garlinghouse, said that his business had spent more than $100 million combating the SEC, adding:

“Well on one hand it’s frustrating. You have a government that has unlimited resources to keep fighting a fight they’ve…

The post XRP, Ripple, & XRPL: Untangling the Crypto Trinity appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ripple’s $21 Trillion Dream: What Capturing 20% Of SWIFT Volume Means For XRP

Ripple’s $21 Trillion Dream: What Capturing 20% Of SWIFT Volume Means For XRP

Ripple Labs, a crypto payments company, continues to set its ambitions and those of X...
Ripple’s XRP Price Heating Up for $10 As XRP Whale Holdings Surpass 42 Billion Coins

Ripple’s XRP Price Heating Up for $10 As XRP Whale Holdings Surpass 42 Billion Coins

Having been gridlocked in the $2.20 to $2.30 zone for a couple of months, XRP has bee...